N-type solar modules have emerged as the dominant choice in tenders during January and February in China, comprising over 70% of the market share. This shift has been accompanied by a substantial 51% drop in module prices over the past year. The industry landscape has witnessed noteworthy signals as we step into 2024. Factors such … Continue reading N-type photovoltaic (PV) modules win 70% in January-February tenders, prices drop 51% in China
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American Clean Power Statement on State of the Union
The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after President Joe Biden delivered his annual State of the Union address: “Tonight, President Biden underscored our nation’s record-breaking production of clean, secure American energy. Clean energy is powering more American homes and businesses than ever before and … Continue reading American Clean Power Statement on State of the Union
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Production start at the Mendubim photovoltaic plant in Brazil
The 531 MW Mendubim solar plant in Brazil has come into operation. This marks a 30% increase in Equinor’s equity power production in Brazil. “Mendubim represents an important contribution to Equinor’s diversified energy offering in Brazil that includes a robust oil and gas portfolio and an attractive renewables position,” says Veronica Coelho, Equinor’s country manager … Continue reading Production start at the Mendubim photovoltaic plant in Brazil
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Tender awarded for wind farm in Rhineland-Palatinate
In the recent auction for onshore wind turbines by the Federal Network Agency, RWE was awarded the tender for the Kail wind farm in the Cochem-Zell district (bid deadline 1 February). Specifically, three wind turbines with a total capacity of 12.9 megawatts (MW) will be erected at the site near the Moselle River, about 50 … Continue reading Tender awarded for wind farm in Rhineland-Palatinate
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Solar photovoltaic and wind energy in February
European electricity markets in February reached their lowest prices since the first half of 2021. In February, prices in the main European electricity markets fell, most of them reaching the lowest levels since the first half of 2021. Photovoltaic energy reached the production record for a February month in Spain and Portugal, a milestone that … Continue reading Solar photovoltaic and wind energy in February
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Record Year for U.S. Clean Power Installations in 2023
Solar photovoltaic, storage drive historic level of installs. Energy storage rising star, closing in on new natural gas installations. Clean energy pipeline swells to all-time high, signaling robust future. The American Clean Power Association (ACP) released its Clean Power Annual Market Report today, highlighting a landmark year for U.S. clean energy with more capacity installed … Continue reading Record Year for U.S. Clean Power Installations in 2023
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Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
Puerto del Rosario will generate energy equivalent to the annual consumption of 6,600 homes and will allow the reduction of 15,600 tons of annual CO2 emissions. With this project, Naturgy now has 14 renewable facilities in operation in the Canary archipelago.The development of the project has involved an investment of close to 10 million euros … Continue reading Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
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AEE warns about the repeated situation of legal uncertainty that affects the development of wind power in Galicia
Galicia lives immersed in a situation of uncertainty and defenselessness, regarding wind development, as a consequence of the massive judicialization of projects that have the mandatory environmental impact declaration (DIA) and the corresponding construction permit. The Superior Court of Xustiza of Galicia has just announced the suspension of 13 new projects based on “prevalence, prevention … Continue reading AEE warns about the repeated situation of legal uncertainty that affects the development of wind power in Galicia
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Renewable auction in Colombia awards 4.4 GW to photovoltaics
And we move from auction to auction. This time, we head to Colombia with this LinkedIn article by Serena Qian. In the latest auction that featured all renewable technologies, photovoltaics dominated its counterparts, securing 99% of the offered capacity, totaling 4.4 GW. The 30 awarded projects are required to be operational between December 1, 2027, … Continue reading Renewable auction in Colombia awards 4.4 GW to photovoltaics
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Wind energy drives Spanish electricity market prices to their lowest week ever
In the week of February 26, prices in the European electricity markets were higher than in the previous week. The exception was the Iberian market, where prices fell and were the lowest, something that has been happening since February 18. Weekly Iberian wind energy production was the highest since October, which led to the lowest … Continue reading Wind energy drives Spanish electricity market prices to their lowest week ever
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China photovoltaic (PV) industry ranks first in globe
China’s photovoltaic industry absolutely ranks first in the globe in terms of not only market size, technology level, production and manufacturing, but also completeness of the industrial chain. “I’m firmly convinced that the month-on-month decline in PV product exports will not be a long-term trend, but a volatile upward growth trend,” Liu Yiyang, Deputy Secretary … Continue reading China photovoltaic (PV) industry ranks first in globe
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Wind power continues to be the generation leader in Spain with 31.2% of the total in February and photovoltaic power reaches 11.3%
National electricity demand experienced an increase of 0.8% in February compared to the same month of the previous year, once the effects of temperature and calendar were discounted. In gross terms, a demand of 20,058 GWh is estimated, 1.8% lower than that of February 2023.Evolution of monthly demand in Spain until February 2024. In the … Continue reading Wind power continues to be the generation leader in Spain with 31.2% of the total in February and photovoltaic power reaches 11.3%
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Dismantling myths surrounding wind energy
Pedro Fresco presents his book Energy Fakes and dismantles some common myths about wind energy. The myths and mythologies that surround wind energy are not much different from those spread about photovoltaics. Renewable energies, in general, are the target of certain groups with political, economic, or personal interests who do not want a transition to … Continue reading Dismantling myths surrounding wind energy
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China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 percent of wind power will need to be installed within a 100-kilometer radius of major load centers to meet demand. China will need nearly 6 terawatts … Continue reading China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
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Global ranking of photovoltaic modules in 2023
Demand in 2023 remained strong despite market disruptions by supply and inventory issues in the second half of the year. Shipment volumes of the list of manufacturers increased significantly, up by 78% YoY. There is a clear distinction among module makers, with top-ranked companies remained the same as the previous year, but the second-ranked companies … Continue reading Global ranking of photovoltaic modules in 2023
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Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
A 540 megawatt (MW) hybrid floating wind and photovoltaic floating wind farm will be developed off the southern coast of Italy in the Ionian Sea. Dutch-Norwegian solar company SolarDuck, Italian investment fund Arrow Capital and Italian developer New Developments are jointly developing the Corigliano project, which will be in the Gulf of Taranto, off the … Continue reading Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
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Acciona posts €541 million net profit (+22.6%), invests €3.32 billion (+66%)
ACCIONA posted a net profit of €541 million (+22.6%) in 2023. The company’s full-year results reflect a good performance in its Infrastructure division, the successful achievement of targets as previously announced by ACCIONA Energía and the impact of the full consolidation of Nordex and Renomar, in which the group acquired majority stakes last year. Total … Continue reading Acciona posts €541 million net profit (+22.6%), invests €3.32 billion (+66%)
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Solar photovoltaic (PV) hit record level, China leads
In a groundbreaking revelation, a report from the International Energy Agency (IEA) has highlighted a remarkable surge in global solar photovoltaic (PV) capacity additions, soaring by over 80 percent between 2022 and 2023. The report underscores a seismic shift towards renewable energy sources, with solar power leading the charge. China emerges as the dominant player … Continue reading Solar photovoltaic (PV) hit record level, China leads
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Sunrise Wind selected for award in New York’s fourth offshore wind solicitation
New York’s energy agency, New York State Energy Research and Development Authority (NYSERDA), has conditionally awarded Ørsted and Eversource’s Sunrise Wind project the right to negotiate a 25-year offshore wind renewable energy certificate (OREC) agreement for an offshore wind farm with a maximum capacity of 924 MW. The price per MWh for power generated from … Continue reading Sunrise Wind selected for award in New York’s fourth offshore wind solicitation
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Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain
Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the month. For their part, technologies free of CO2 equivalent emissions accounted for 75.3% of this month’s mix. National electricity demand experienced an … Continue reading Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain
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